In short, going nowhere, slowly. Nothing is happening. We've got...

In short, going nowhere, slowly. Nothing is happening. We've got a one way ticket to nowhere.

The sharp moderation in cash burn last quarter was pleasing to see.

Even so, the company trough into which snouts are placed gets ever more shallow. Perhaps this will help sharpen directors focus.

A company pledge as recently as april to issue a gold resource estimate now appears to be untrue.

There is no resource. There was no explanation.

Why the need to mislead I wonder. Presumably, I guess, to give the false impression something was happening.

In fact, from a shareholder point of view, nothing was happening.

The company operates the mushroom style of shareholder communication policy.

Regret to inform, won't be participating in the massively dilutionary capital raising likely to be announced in the next quarter or two.